All articles by Steve Farrell – Page 76
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Nearly 1,000 M&S management jobs to be axed
The changes would affect 950 roles from central operations to store management, M&S said
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Iceland’s losses grow despite boost to sales
Pre-tax losses for the year ending 27 March 2020 were £71.8m, up from £53.8m the previous year, according to new accounts
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Poundland launches range of reusable face masks at £5 for three
The masks are so people can ’continue to shop in style’, Poundland said
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M&S to open 83 more cafés and pass VAT cut on to customers
It means that from 22 July a flat white coffee will cost £2.36 instead of £2,70, while a sausage bun will be £3.28 instead of £3.75
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Co-op extends John Lewis click & collect partnership to 400 more stores
It means John Lewis customers will be able to collect or return online purchases at over 500 Co-op branches by the end of September
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Aldi extends immediate payments for small suppliers until the end of the year
Aldi buying MD Julie Ashfield has written to suppliers telling them the terms will continue until the end of 2020
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Groceries Code Adjudicator still needed and ‘highly effective’, says review
The GCA will be maintained with funding to continue policing the code, according to the statutory review
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Poundstretcher axes 10 area managers as Farmfoods takes over stores
Staff in buying and loss prevention also face redundancy this week
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Poundland to launch online delivery and ‘destination stores’
The variety discounter is revamping its store estate in what it is calling its biggest-ever transformation programme
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Grocery retail ranked top sector for customer experience despite pandemic
The latest KPMG Nunwood Customer Experience Excellence Index, based on interviews of 13,000 UK consumers, gives grocery retail a 4% score improvement on last year
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Iceland claims 74% carbon footprint reduction since 2011
The retailer claims its footprint has fallen from almost 250,000 tonnes of CO2 in 2011 to 46,000 tonnes in 2020
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Aldi doubles size home delivery trial with Deliveroo
They include branches in Greater Manchester and Cambridge, along with five more stores in London
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Wilko appoints Karen Mackay as group chief financial officer
Mackay joins the home and garden chain from Optegra International, where she has been group chief financial officer for five years
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Lidl renews estate growth target despite disruption caused by pandemic
The discounter plans to open 25 stores in the next six months, creating up to 1,000 jobs by the end of the year
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Iceland joint MD Nigel Broadhurst resigns
It comes a month after Iceland founder and executive chairman Malcolm Walker and CEO Tarsem Dhaliwal took full ownership of the frozen food chain
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Lidl reintroduces loose bakery products to stores
Lidl announced the move on social media, saying: ’The bakery is now open again. Please form an orderly queue.’
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Alex Russo to take over as B&M chief financial officer in November
Russo will become CFO and executive director of the company on 16 November following a handover from Paul McDonald
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Boost for convenience and high street food stores to last after coronavirus, survey suggests
Just over half of shoppers will shop from local sources before going to a supermarket in the wake of lockdown, according to a YouGov survey
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Aldi commits to halve plastic packaging use by 2025
The latest commitment will eliminate 74,000 tonnes of plastic – or 2.2 billion pieces – over the next five years, Aldi said
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Poundland revenues flat as rivals open in former Poundworld sites
Like-for-like growth had been driven by Pep&Co, while the positive impact of Poundworld’s demise had been offset by competitors opening in the chain’s former sites, according to newly filed accounts